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Nov 27, 2012
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>>> the price tag for superstorm sandy is growing. officials in new york state and new jersey say they'll need more than $70 billion to recover. in some ways the property devastation was worse than hurricanes katrina and rita combined. in some ways. in new york state alone sandy destroyed more than 300,000 homes. that's a lot of homes that have to be rebuilt. and as cnn's national correspondent deborah feyerick discovered, it means a lot of homeowners are looking for answers. >> reporter: when superstorm sandy hit, peggy thought she was ready. she paid decades worth of insurance premiums to be covered for catastrophe. so this is the letter basically denying -- >> i went to the office and this is what they gave me. >> reporter: she says her claim was denied. her deluxe homeowners policy covered hurricane and wind, not floods. >> she said you're not entitled to anything. you don't have flood insurance. >> reporter: down the block, tom sullivan was having a similar problem with a different insurance company. >> the water was coming out o
>>> the price tag for superstorm sandy is growing. officials in new york state and new jersey say they'll need more than $70 billion to recover. in some ways the property devastation was worse than hurricanes katrina and rita combined. in some ways. in new york state alone sandy destroyed more than 300,000 homes. that's a lot of homes that have to be rebuilt. and as cnn's national correspondent deborah feyerick discovered, it means a lot of homeowners are looking for answers. >>...
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Nov 27, 2012
11/12
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partnership with president obama in dealing with the disaster in new jersey as a result of hurricane sandy. but you don't hear it now and the interesting thing is i didn't hear anyone of prominence quoted by name in criticizing christie that way. plenty of people including jindal, happy to criticize mitt romney by name. >> well, sure, after the election and remember when bobby jindal criticized mitt romney, it was after mitt romney had said something like really, really dumb. also, the other thing about chris christie and particularly jindal in that statement he put out today about christie, these are now two governors who have had to deal with natural disasters. not only because they're republicans, governors, but they're also two men who have had to deal with mother nature wreaking havoc on their populations. so jindal looks at christie as sort of a kindred spirit. >> he was attacking romney for what he got caught saying. but let's listen to jindal talking about this whole issue of should chris christie be blamed for being helpful in some way to president obama's re-election. >> i've got
partnership with president obama in dealing with the disaster in new jersey as a result of hurricane sandy. but you don't hear it now and the interesting thing is i didn't hear anyone of prominence quoted by name in criticizing christie that way. plenty of people including jindal, happy to criticize mitt romney by name. >> well, sure, after the election and remember when bobby jindal criticized mitt romney, it was after mitt romney had said something like really, really dumb. also, the...
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Nov 27, 2012
11/12
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a storm like superstar on sandy is a storm we have never seen before -- a storm like super storm sandy. it is due to industrial pollution from burning fossil fuels such as petroleum. some might question is this. how much responsibility does the petroleum industry willing to take for superstar sandy and other climate disasters that are looming on the horizon? how do you justify using billions of years of energy accumulation through your own individual wealth? thank you very much. guest: thank you for the question. the oil and natural gas industry are leaders in alternative forms of energy. we take our responsibility very seriously. we have invested more than the federal government in these different forms of energy over the past 10 years. to nobodycond seat for energy future. we understand our role and are looking always for new energy forms. we have a vast diversity of energy that we produce. climate has been a discussion in the united states for the past decade or so. carbon emissions right now are at 1992 levels. the economy has slowed down and we need to get people back to work and
a storm like superstar on sandy is a storm we have never seen before -- a storm like super storm sandy. it is due to industrial pollution from burning fossil fuels such as petroleum. some might question is this. how much responsibility does the petroleum industry willing to take for superstar sandy and other climate disasters that are looming on the horizon? how do you justify using billions of years of energy accumulation through your own individual wealth? thank you very much. guest: thank...
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Nov 27, 2012
11/12
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so, yes, hurricane sandy ranks near the top of all u.s. natural disasters in terms of cost, but it doesn't approach the full cost of hurricane katrina right now, jenna. jenna: some important context for us there, liz. who's going pay for the billions and billions? >> yeah, that's an important question. 75% of the reimbursement costs for things like mass transit is covered by the federal government; but now new york state and new jersey are asking the federal government to pay potentially 90% to 100%, and governor andrew cuomo of new york is saying, you know what? he does not want new york taxpayers to pay anything towards the cost of hurricane sandy. here is governor cuomo on that. >> to try to finance that through taxes would incapacitate this state. my philosophy isn't change tax increases are always the last, last, last resort. >> and here's the thing, too, in hurricane irene, new york state did pick up a lot of the costs there, but hurricane sandy had a wider impact. and so the federal government needs the step in in a bigger way. back
so, yes, hurricane sandy ranks near the top of all u.s. natural disasters in terms of cost, but it doesn't approach the full cost of hurricane katrina right now, jenna. jenna: some important context for us there, liz. who's going pay for the billions and billions? >> yeah, that's an important question. 75% of the reimbursement costs for things like mass transit is covered by the federal government; but now new york state and new jersey are asking the federal government to pay potentially...
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Nov 27, 2012
11/12
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he says there is more than a year's work to do in the aftermath of superstorm sandy and the people of new jersey need to know he's committed to sticking with it. 95% of new jersey voters think that christie did either an excellent or good job responding to the storm and get this, his approval rating is now at 72% that is the highest ever recorded for a new jersey governor. so far no one has come forward to challenge kristie for the governor ship, but the democratic most often mentioned to fill that spot is new york mayor corey booker. he said his plans are on hold for the moment in the aftermath of hurricane sandy. >> according to politico, he said we work to shore up medicaid and social security but now is not the time to throw those into the fiscal cliff negotiation. mitt said he is not going to accept things like privatizing medicare. we're back after the break. ♪ the future of one great nation. but only barely, because the sun was like, way in my grill. george mcclellan, the general, hands me his pair of foster grant sunglasses, and i could see! my wife, mary todd, found them so
he says there is more than a year's work to do in the aftermath of superstorm sandy and the people of new jersey need to know he's committed to sticking with it. 95% of new jersey voters think that christie did either an excellent or good job responding to the storm and get this, his approval rating is now at 72% that is the highest ever recorded for a new jersey governor. so far no one has come forward to challenge kristie for the governor ship, but the democratic most often mentioned to fill...
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Nov 27, 2012
11/12
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some for weeks, after superstorm sandy. and some are now getting power bills that show normal usage. the long island power authority is assuring customers, don't worry, the next actual meter reading will reflect how much you've used, and they'll adjust your bill, and i'm telling you, there are some lipa customers right now who are outraged. after all they've been through. >> as well they should be. >> they are getting electricity bills reflecting normal usage, and for many of them it's been days, some of them it's been weeks with no power. and bring you up to speed on cyber monday. what's your best guess on what people were out there buying? >> i would have thought apple products? >> yeah. had to be electronics. >> a lot of question about electronics. monday sales up 28% from last year, according to the bench mark survey and the most searched-for items were amazon's kindle and kindle fire, uggs, ipads, the ipod touch, legos, and the wii. >> well, i like the legos. i mean, it's making a comeback. maybe children will actually
some for weeks, after superstorm sandy. and some are now getting power bills that show normal usage. the long island power authority is assuring customers, don't worry, the next actual meter reading will reflect how much you've used, and they'll adjust your bill, and i'm telling you, there are some lipa customers right now who are outraged. after all they've been through. >> as well they should be. >> they are getting electricity bills reflecting normal usage, and for many of them...